On July 28, the United States Bureau of Economic Analysis (BEA) will release its advance estimate of second-quarter GDP growth. The impending announcement has observers on the edge of their seats, wit ...More
EJ Insight2022-07-20
Businesses, investors, and governments that are serious about fulfilling net-zero emissions pledges before 2050 should be rushing to protect, conserve, and regenerate the natural resources and ecosyst ...More
EJ Insight2022-07-18
When natural disasters force people to pack a bag and flee to safety, important items are often forgotten. Following California’s 2007 wildfire season, it was estimated that “at least one family membe ...More
EJ Insight2022-07-15
When faced with a major threat, people have usually turned to religion or government for help. Today, the climate crisis is accelerating, part of Europe is at war, the United States is deeply polarize ...More
EJ Insight2022-07-15
Is today’s energy crisis as serious as similar previous ones – particularly the 1970s oil shocks? That question is being asked around the world, with consumers hit by high prices, businesses worried a ...More
EJ Insight2022-07-14
The first half of 2022 has been traumatic. Equity markets have suffered one of their worst six-month periods ever. Government bonds are undergoing a rare, significant decline. And the world of cryptoc ...More
EJ Insight2022-07-13
Around the world, high inflation, slow economic growth, and food shortages are hurting the poor the most. Coming on top of the unequal effects of the COVID-19 pandemic, today’s multiple crises have al ...More
EJ Insight2022-07-13
British Prime Minister Boris Johnson’s chaotic government, and its equally chaotic collapse, are not the only source of panic in the United Kingdom nowadays. There is growing anxiety about the exchang ...More
EJ Insight2022-07-11
When the Soviet Union collapsed in 1991, Ukraine inherited part of its nuclear arsenal. But in the 1994 Budapest Memorandum, Ukraine agreed to return these weapons to Russia in exchange for “assurance ...More
EJ Insight2022-07-11
Without Uber, would many taxi services have developed their own ride-hailing apps or started accepting credit cards when they did? In static industries with little competition, it takes new competitor ...More
EJ Insight2022-07-08
Russia’s war on Ukraine has sent shockwaves around the world. Oil prices have skyrocketed and food prices have soared, causing political instability. The last time food prices were this volatile, riot ...More
EJ Insight2022-07-08
Rich Western industrialized countries appear to be caught in a time loop, with unexpectedly higher inflation bringing back not just memories of the 1970s but also that era’s policy debates and the pol ...More
EJ Insight2022-07-07
Over the past two and a half years, world oil and gas prices have been subject to demand shocks and supply shocks – and sometimes both simultaneously. The resulting volatility in energy markets is bot ...More
EJ Insight2022-07-06
Four months into the invasion of Ukraine, the Russian army continues to grind its way relentlessly through the Donbas region. Some Western commentators are calling for more weapons to be supplied fast ...More
EJ Insight2022-07-06
Who would want to be responsible for monetary policy in 2022? To judge from the fierce economic and political debates underway around the world, it is as though open season has been declared on centra ...More
EJ Insight2022-07-01
The global financial and economic outlook for the year ahead has soured rapidly in recent months, with policymakers, investors, and households now asking how much they should revise their expectations ...More
EJ Insight2022-06-30
The world is facing a triple crisis of food, energy, and water scarcity. While its immediate triggers were the COVID-19 pandemic and the Ukraine war, its roots run much deeper: a culture of relentless ...More
EJ Insight2022-06-29
There has been much talk lately of a return to 1970s economic conditions. Here in the United Kingdom, year-on-year inflation reached 9.1% in May, and disruptive labor strikes are dominating the headli ...More
EJ Insight2022-06-28
In July 2021, the European Commission did something that no other major governing body had ever attempted: It tied trade policy to climate policy. Reaching the European Union’s goal of cutting net gre ...More
EJ Insight2022-06-27
Human-induced climate change is causing dangerous and widespread environmental disruption and affecting the lives of billions of people around the world. According to the Intergovernmental Panel on Cl ...More
EJ Insight2022-06-23